The Beninese start-up FedaPay SAS has developed a mobile application to make online financial transactions easier in the subregion and internationally.

MyFEDA is the new fintech solution developed by the Beninese start-up. The application will allow users to send and receive funds and make online payments anywhere in the world without having a bank account. On the platform, it is mentioned that “MyFEDA is a mobile solution that allows you to manage your money on a daily basis. Whether your money is on your mobile money account, or on a card, MyFEDA allows you to control all your expenses regardless of their nature (online, or in a physical store)

Indeed, to have access to the various functionalities of the solution, the user will have to download the mobile application on the Play Store (Android) or on the AppStore (iOS), create an account and in a few minutes, he can access the service. It is possible to send and receive funds via mobile money from the application in Benin, Togo, Ivory Coast, Mali, Niger, Senegal and Guinea, to make Western Union and MoneyGram transactions or to make bank transfers by bank transfer or to MasterCard and Visa cards through MyFeda services